Settings8H · net · $10k
Funding arb · Price arb /

ALGO

all ALGO markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Aster+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ALGOUSDT0.11200.0100pay 0.0100% / 8h7h 09m$44K$38K5x
ShortGate ALGO_USDT0.11200.0100get 0.0100% / 8h7h 09m$878K$828K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.017% → 0.000%
$1.7
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$21.3
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell Gate live order book, 62 min ago7.57 bp43.0 bp −$43330.4 bp −$3,304doesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

ALGO on 22 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_ALGOUSD−0.0566%1h0.1119−0.013%$831K$1.1M50xas long as short
Deribit ALGO_USDC-PERPETUAL−0.0196%1h0.1119−0.010%$101K$49K25xas long as short
Coinbase International ALGO-PERP-INTX−0.0104%1h0.1114−0.537%$87K$271K50xas long as short
Variational Omni ALGO−0.0074%8h0.1119−0.071%$61K$12Kas long as short
gTrade (Gains Network) ALGO/USDL +0.0001% / S +0.0003%1h0.1120+0.030%$6K150xas long as short
Injective ALGO/USDC PERP+0.0033%1h0.1120+0.044%$834$233K12xas long as short
Hyperliquid ALGO+0.0100%1h0.1121+0.178%$3.7M$1.8M5xas long as short
Aster ALGOUSDTlong+0.0100%8h0.1120long leg$44K$38K5x
Binance ALGOUSDT+0.0100%8h0.1119−0.010%$10.0M$34.6M75xas long as short
Bybit ALGOUSDT+0.0100%8h0.1119−0.028%$11.4M$11.9M75xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX ALGO-USDT-SWAP+0.0100%8h0.1119−0.001%$2.9M$7.5M50xas long as short
Gate ALGO_USDTshort+0.0100%8h0.1120+0.017%$878K$828K50x
MEXC ALGO_USDT+0.0100%8h0.1120+0.008%$23.0M$3.0M200xas long as short
KuCoin ALGOUSDTM+0.0100%8h0.1120+0.044%$3.6M$1.5M50xas long as short
Bitget ALGOUSDT+0.0100%8h0.1119−0.045%$5.6M$3.5M75xas long as short
BingX ALGO-USDT+0.0100%8h0.1120+0.026%$3.3Mas long as short
HTX ALGO-USDT+0.0100%8h0.1119−0.045%$61K$142K75xas long as short
Extended ALGO-USD+0.0104%1h0.1120+0.013%$8K$233K10xas long as short
Phemex ALGOUSDT+0.0114%8h0.1121+0.133%$3.8M$1.8M50xas long as short
BloFin ALGO-USDT+0.0220%8h0.1119−0.019%$492K$768K75xas long as short
GMX ALGO/USD [WBTC.b-USDC]L +0.0342% / S −0.0351%1h0.1120+0.022%$7K100xas long as short
dYdX ALGO-USD+0.1409%1h0.1120+0.027%$160K$3K5xas long as short